The market for electric vehicles is making huge strides to help remove emissions from the environment. This company’s focus on East Africa is also helping democratize the market.
Alternet Systems, Inc. (USOTC: ALYI) will begin fulfillment on an order for 2,000 electric motorcycles to go into service in Kenya as motorcycle taxis or boda-bodas. Management had recently announced $2 million 2021 revenue target anticipated from the sales of the electric motorcycles and believes this is on target.
ALYI has designed its EV Ecosystem solution to include democratized participation, partnering with ReovltTOKEN to finance ALYI's growth by offering participation in the EV ecosystem through the sale of Revolt Tokens.
Shares were up over 2% in early-afternoon trade.
